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Major Asian Shipping Terminal Joins IBM and Maersk’s Blockchain Platform

Cái Mép International Terminal (CMIT), located in Ho Chi Minh City, Vietnam, announced Dec. 19, that it had joined the TradeLens blockchain platform.CMIT is one of the largest terminals in the Cái Mép-Thị Vải deep-water gateway port complex, providing a direct link from Vietnam to European, North American and

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Outrageous Predictions: New Asian Virtual Currency Will Counter Dollar’s Dominance

According to the new release of ‘Outrageous Predictions’ by the banking fintech company Saxo Group, The United States dollar’s long-lived reign as the main reserve currency might soon meet its end, especially as China has started working on the creation of a new digital currency that is driven by blockchain

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HSBC, SGX and Temasek Explore Distributed Ledger Tech in Asian Bond Market

Global banking giant HSBC will explore the use of blockchain for the issuance of fixed income securities in a joint trial with Singapore Exchange (SGX) and investment firm Temasek. Focused on the Asia bond markets, the trial intends to streamline the bond issuance process and reduce associated costs by applying

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